News: Rey Resources acquiring stake in Canning Basin oil and gas licence, page-8

This is a big win for OBL as BRU have walked away. BRU know that they controlled BOPL's share and this was not disclosed to the DMP upon grant. This could be embarrassing to BRU at SAT.

BOPL no pay you lose.

BRU and REY are not paying up. BOPL name is on rates notices and OBL pays the lot.

The REY deal is a Mickey Mouse deal as REY can only get on title if OBL agrees to it. OBL are operator and have agreements that allow OBL to farmout and split. Ie OXX deal which is higher than what REY are offering. 12.5% each.

BOPL are going down a funnel and the screws are tightening!!!

Not paying
Magistrates court
District court
SAT
BRU walking away

OBL shareholders have waited for this along time and the big prize is close.